Ideas for the Mambu Banking Engine

P2P - Fee Fractionalization

What:

For fractionalized loan accounts allow splitting a fee between the organisation and funders.

Why:

Currently, fees can be defined at the Product level, but they cannot be paid to Funding accounts. The business case from some P2P requires allowing Fees to be repaid into funding accounts as well, as part of their business model. For example, if a borrower has repaid the loan earlier or rescheduled the installment a manual fee is applied to the loan account and a fee is split between the organisation and funders.

  • Jagoda Danielak
  • May 8 2017
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